iPipeline, a provider of on-demand software that supports marketing, selling, and processing solutions for insurance carriers, distributors and producers, announced that Transamerica Insurance & Investment Group (TIIG) is launching iGO e-App, an intelligent fillable form and clean technology.
The iGO e-App eliminates agent error and reduces processing time, according to the vendor, who said the TIIG will be deploying full iGO e-Apps for their Term Life business throughout the U.S.
"The nation's leading carriers are rethinking how to best process insurance applications, avoid the pitfalls associated with paper-based solutions, and improve consumer satisfaction. iGO e-App is iPipeline's response to our carriers' requests for a solution that simplifies completion, accelerates review and approval, and streamlines underwriting and policy issuance," Tim Wallace, CEO, iPipeline, said in a release.
"We are committed to enhancing the producer experience by offering next-generation application processing technology," Joy Shigekawa, VP of strategic management & sales technology services for TIIG., added "The deployment of iGO e-App for our Term Life business will deliver new efficiencies and increase productivity via straight-through processing. By minimizing paper-based tasks for distributors and producers and accelerating policy issuance, we can reduce the cost of sales, speed underwriting, and increase placement ratio."
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio